Nissan to lay off thousands of workers as sales drop    Trump picks Susan Wiles as White House chief of staff    Three charged in connection with Liam Payne's death    Israel passes law to deport relatives of attackers, including citizens    Monkey mayhem in South Carolina after 43 primates escape research facility    Russian anti-war teenager faces five years in jail after failed appeal    Uproar in Ghana after president unveils his own statue    BD and INS partner to elevate standards of infusion care in MENAT    Qassim emir launches 52 health projects costing a total of SR456 million    Dubai Design Week launches its 10th edition, celebrating creativity and innovation    Fakeeh Care Group reports 9M-2024 net profit of SR195.3 million, up 49% y-o-y driven by solid revenue growth and robust profitability    GASTAT: Passengers of public transport bus and train soar 176% and 33% respectively in 2023    HRT does not impact life expectancy — UK health body    Liam Payne's body to be flown back to the UK    Arab leaders and heads of state congratulate US President-elect Donald Trump    Neymar suffers muscle tear, out for 4-6 weeks    Suspect arrested for banking fraud totaling SR493 million as Nazaha pursues corruption charges    Al Nassr secures 5-1 victory over Al Ain to edge closer to knockout stage    Al Ahli extends perfect start with 5-1 victory over Al Shorta    Mitrovic's hat-trick leads Al Hilal to 3-0 victory over Esteghlal    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    

Articles of the author Al Frankfurt
Dollar Slumps to Three-Year Low as Euro Gains on Rate Expectations
Awwal 24, 1432 / April 28, 2011, SPA -- The dollar slumped to a three-year low Thursday as the euro nudged towards the key 1.50-dollar mark after the US monetary authorities left interest rates on hold, as dpa reported. The move by the US Federal (...)

28 - 04 - 2011
Bank admits "art theft" never happened: Beuys paintings mislaid
Awwal 17, 1432 H / April 21, 2011, SPA -- Germany's biggest bank admitted Thursday that a mega art theft it reported to police in February never happened: the two paintings had been hanging in one of its offices all along, according to dpa. The (...)

21 - 04 - 2011
Europe sets higher bar for bank tests
Awwal 04, 1432 H / April 08, 2011, SPA -- Europe's banking regulator is setting a stricter standard for bank capital reserves as it readies for a new round of stress tests, aimed at boosting confidence that the region's banking system can get (...)

08 - 04 - 2011
ECB set to raise key rate for first time since July 2008
Awwal 5, 1432 H/April 5, 2011, SPA -- The European Central Bank is expected to signal it thinks inflation, not debt, has become the biggest threat to the region, by raising interest rates this week as the euro zone's weakest states struggle, (...)

05 - 04 - 2011
Ballack fined for Cologne chant
Akhir 27, 1432 / April 1, 2011, SPA -- Bayer Leverkusen midfielder Michael Ballack was fined 8,000 euros (11,300 dollars) by the German football federation DFB Friday for using abusive words against local rivals Cologne, according to dpa. The (...)

01 - 04 - 2011
Germany charges 6 people in CO2 tax fraud probe
Akhir 25, 1432 H/March 30, 2011, SPA-- German prosecutors said on Wednesday they have charged six individuals implicated in a value-added (VAT) tax fraud scheme in the European carbon market, Reuters reported. The six suspects, aged 27 to 65, are (...)

30 - 03 - 2011
Epilepsy killed celebrity polar bear Knut-magazine
Akhir 21, 1432 H/March 26, 2011, SPA -- Knut, the celebrity orphan polar bear who drew thousands of visitors to Berlin zoo, died after an epileptic fit, according to neurologists quoted by Focus magazine, according to Reuters. A CAT scan had (...)

26 - 03 - 2011
Opel unveils new management team
Akhir 12, 1432 H/March 17, 2011, SPA -- Adam Opel AG, the German offshoot of the US car giant General Motors, on Thursday named Karl-Friedrich Stracke as its new chief executive, dpa reported. Stracke, 54, is to take over from Nick Reilly who (...)

17 - 03 - 2011
Insurance companies' shares fall sharply after Japanese quake
Akhir 06 , 1432 H. / March 11, 2011 -- Shares in the world's leading reinsurance groups fell sharply Friday following Japan's devastating earthquake, according to dpa. As the trading day got underway, shares in Munich Re, Swiss Re and Hanover (...)

11 - 03 - 2011
Deutsche Post posts profit of $677 million
Akhir 05 , 1432 H. / March 10, 2011 -- Mail and express delivery company Deutsche Post AG made a profit of ¤487 million ($677 million) in the fourth quarter as the economic recovery boosted its freight and DHL express delivery businesses, according (...)

10 - 03 - 2011
ECB keeps rates on hold at 1.0 pct, as expected
Awwal 28, 1432 H/March 3, 2011, SPA -- The European Central Bank held interest rates at a record low of 1.0 percent as expected on Thursday, despite rising inflation fears, Reuters reported. Euro zone inflation hit 2.4 percent in February, topping (...)

03 - 03 - 2011
Weak money growth adds to ECB rate conundrum
Awwal 22, 1432 H/Feb 25, 2011, SPA -- Slower money supply growth in the euro zone last month added a note of caution on Friday to the European Central Bank's recent tough talk on price pressures, ramped up by policymakers after inflation topped its (...)

25 - 02 - 2011
Germany to be hit by major regional train strike on Monday
Awwal 16, 1432 H/Feb 19, 2011, SPA -- German train drivers from the country's most populous region will go on strike Monday, union officials announced, in a stoppage that could have knock-on effects across the country. The strike will begin (...)

19 - 02 - 2011
Germany cracks down on illegal doping industry
Awwal 02, 1432 H/Feb 05, 2011, SPA -- German customs officials have seized illegal growth hormones and performance-enhancing drugs worth millions of euros in their biggest crackdown yet on the international doping industry, a spokesman said on (...)

05 - 02 - 2011
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